Forex Trend Analysis Report
Prepared for you on Saturday, January 16, 2021.
Mexican Peso/Turkish Lira (FOREX:MXNTRY)
Weak Uptrend (+65) - MXNTRY is showing signs of weakening momentum to the upside. Monitor MXNTRY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MXNTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MXNTRY
The long-term trend has been UP since Jul 27th, 2020 at 0.3158335
The intermediate-term trend has been DOWN since Nov 19th, 2020 at 0.3691835
The short-term trend has been UP since Jan 11th, 2021 at 0.3717515
Smart Scan Analysis for MXNTRY
Based on our trend formula, MXNTRY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).